Friday 26 April 2024
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Hot drinks sector in South Korea expected to reach US$2.3 billion by 2023

MILAN – The hot drinks sector in South Korea, which includes coffee, tea and other hot drinks, is forecast to grow from US$1.8bn in...

European branded coffee shop market to surpass 45,000 outlets by 2025

LONDON – The most extensive analysis of the European branded coffee shop market ever conducted reveals the European branded coffee shop segment remains in...

Strauss Coffee delivers an outstanding 3Q of growth with revenues of US$284.4m

PETAH TIKVA, Israel – Strauss Group delivered sales of NIS 2.24 billion (US$646 million) in the third quarter, an increase of 4% compared to...

US coffee market grew to US$87-88 billion in 2018, shows new report from Sca

MILAN— The Specialty Coffee Association (SCA) has announced the publication of the US Coffee Market Overview 2018. This report offers a large-scale understanding of...

Nestlé report 9-month sales of US$69.1B, Nespresso maintains mid single-digit growth

VEVEY, Switzerland – Nestlé reported yesterday total nine-month sales for 2019 of CHF 68.4 billion or US$69.1 billion (9M-2018: CHF 66.4 billion), up 2.9...

Lindt & SprĂĽngli reports solid growth in the first half of 2019

KILCHBERG, Switzerland – Lindt & Sprüngli has had a successful start to the financial year 2019, building on the growth of recent years. In...

Lavazza triples its business in Argentina, establishes new hub for Latam

ROME, Italy – Although Argentina is not close to the consumption numbers of the Nordic European countries there is a tendency to growth and...

China’s on-premise coffee market value has been growing at 7.5% rate since 2017

MILAN – China’s on-premise coffee sector has experienced strong growth in recent years, and, according to the latest research from the world’s leading market...

Barry Callebaut reports strong acceleration in sales volume growth in 2Q

ZURICH, Switzerland – The Barry Callebaut Group – the world’s leading manufacturer of high-quality chocolate and cocoa products – saw an acceleration in sales...

Lindt & SprĂĽngli extends its leading position in the premium chocolate market

KILCHBERG, Switzerland – Despite the challenging market environment in 2018, the Lindt & Sprüngli Group once again continued its solid growth path and further...

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